Brands like Ralph Lauren and Michael Kors have sold through WeChat for years, and they also use WeChat to advertise and relay information to Chinese consumers. WeChat Pay is accepted at many U.S. stores. Every Fendi store in the country accepts WeChat Pay, as do Rebecca Minkoff, Macy’s, American Eagle and...

Retailers are now focused on making their stores as safe as possible, offering customers maximum choices for how to engage and incorporating the online components of retail into brick-and-mortar to improve efficiency.

The pandemic has had a deadening effect on consumer spending, thanks in part to millions of people losing their jobs or being furloughed. But the wealthiest customers are continuing to spend, particularly on high luxury items with sentimental value, and fine jewelry has proven to be a resilient fashion category.

When Lord & Taylor filed for bankruptcy on Sunday, along with its owner Le Tote, it became the latest in a long line of department stores recently reporting bad news. The pandemic has only hastened what was already becoming clear: The era of the department store is on its way...

The platforms are working to get more brands, especially newer ones, using their tools, facilitate wholesale relationships and assist in revitalizing wholesale at large, said Heath Wells, co-founder of online wholesale marketplace NuOrder.

There’s a combination of factors at play for why reopened stores haven’t translated to restored sales. Kering’s CFO Jean-Marc Duplaix said it was due to a lack of travel to Western Europe, which normally accounts for 65% of sales in that region. 

"There's a lot of inventory out there, and people are looking to marketplaces to move it for them -- especially because traditional wholesale models are struggling so much," said Naadam founder Matt Scanlan. "For brands, you look for more places to get distributed because there are few other options out...

The past few years have seen DTC brands in an arms race of valuation, where VCs and investors have pushed for faster and faster growth, often at the expense of long-term sustainability and profitability. But the pandemic has changed that, according to Gorjana Reidel and Jason Griffin Reidel, co-founders of...

Brands and resellers in streetwear have often had an unspoken, mutually beneficial relationship, but there have been rifts in the past. By ignoring TikTok now, brands could lose out both on driving sales and owning their brand's voice on the platform.